ZAP
(ZAAP), an Electric Vehicle (EV) automotive company incorporated in California
and headquartered in Santa Rosa, California, and its subsidiary Jonway Auto
signs volume purchase EV contract with Guangzhou WuYang Motors Group, the
largest EV motorcycle group in Southern China. Jonway Auto and Guangzhou
WuYang Motors Group (WuYang) jointly designed a new EV model to be completed
and ready for pr" />

ZAP
(ZAAP), an Electric Vehicle (EV) automotive company incorporated in California
and headquartered in Santa Rosa, California, and its subsidiary Jonway Auto
signs volume purchase EV contract with Guangzhou WuYang Motors Group, the
largest EV motorcycle group in Southern China. Jonway Auto and Guangzhou
WuYang Motors Group (WuYang) jointly designed a new EV model to be completed
and ready for production latter part of this year. This new model will
target markets in Southern China using the broad distribution network that
WuYang has established since 1989. Guangzhou WuYang Group is the joint venture
partner for Honda in China and is one of the top EV motor vehicle companies in
China.

Due
to the strong demand for Jonway Auto's Urbee EVs in China, coming from various
large distributors with well-established dealership networks in China, ZAP and
Jonway Auto decided to expand into new models of Urbees with new strategic
partners like Guangzhou WuYang, in order to broaden the market distribution,
and increase the varieties of models in the market. Guangzhou WuYang
commits to this EV partnership with Jonway Auto by funding the new molds for
the new models using the same chassis. These new models will be
manufactured and produced at Jonway Auto's factory in Zhejiang and shipped to
WuYang's dealerships.

The
volume purchase EV contract signed with Guangzhou WuYang Group is targeting for
no less than 6000 EVs over the next 12 months, with more than US$20 million in
aggregate revenues. This is projected to be averaging 500 EVs per month
and increasing to potentially more than 1,000 per month during the peak
seasons, starting latter part of this year when the new models come
online. The Urbee EV is viewed as an ideal vehicle for transportation in
the suburbs of the major cities, such as Guangdong, where suburban owners could
use the Urbee EV for commuting, running errands and transporting their children
to and from schools. The Urbee EV can ride in the bicycle lanes, and
drive at a peak speed of 70kph, with a range of over 200km between
charges.

About ZAP and Jonway Auto

ZAP
and Jonway Auto designs and manufactures quality, affordable new energy and
electric vehicles (EVs). Jonway Automobile has ISO 9000 manufacturing
facilities, engineering, sales and customer services facilities in China,
Jonway has production capacity of up to 50,000 vehicles per year, and has
established sales distribution network in China. ZAP, an early pioneer of EVs,
brings to both companies a broad range of EV product technologies. ZAP is
headquartered in Santa Rosa, California and Jonway Auto is located in Zhejiang
Province of the People's Republic of China. Additional information about ZAP
Jonway is available at http://www.zapworld.com.